TPR seeks £380,000 from man who bought Carrington Wire for £1

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The Pensions Regulator (TPR) is pursuing a £382,136 claim against a man after he bought Carrington Wire from the Russian steel company Severstal for £1.

Richard Williams was the third party targeted by TPR in its attempts to recover almost £18m from the sponsor of the Carrington Wire pension scheme to prevent it falling into the Pension Protection ...

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